Lot 17 - Former Car Park (AB Electronics), Gloucester Terrace, Abercynon, Mountain Ash, CF45 4SF

  • Unconditional Online Auction Sale
  • Guide Price* : £75,000+

Development Opportunity (3.45 acres)

Description

ONLINE AUCTION from 16th MARCH-18th MARCH

An opportunity to acquire a mainly level site, comprising two parts. One has previously benefited from outline planning for residential development and the other offering development potential as this land was allocated for residential development in the Abercynon local plan 1991 (subject to neccessary planning consents).

The site is situated in a sought after residential location in the village of Abercynon which is ideal for access to the A470, the M4 and Cardiff.

The village itself benefits from a good range of local amenities and shopping facilities and there are train stations in the village and in Mountain Ash.

Planning:
Outline planning was previously granted C/00/4442/13 for the car park area and the other site to the northern side was allocated for residential development (15 units) in the Abercynon local plan 1991.

There was also a planning application made by Barratts for development of 53 units - No. 07/0507/10 and was granted on 08/08/2008

Please refer to Rhondda Cynon Taff Local authority for further information in regards to previous planning and applications.

Tenancies

To be sold with vacant possession

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £750) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty. Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Bidding not yet open
Minimum Opening Bid

£70,000


Bidding Opens On
16th Mar 2021 12:00
End Date

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Sean Roper - sean@paulfoshauctions.com

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Paul Fosh Auctions, 01633 254 044
01633 254044

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